Introducing the Skrilla Token

by Damon Oudejans on 28th Aug, 2017

Find out what the Skrilla Token is, and how it releates to the Skrilla Platform.

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Skrilla Co-Founder

Damon Oudejans

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The Skrilla Token (SKR) is an ERC20 token built on the Ethereum blockchain. Its primary purpose is to act as the central unit of exchange for Skrilla’s esports wagering products.

Skrilla is a licensed, fully regulated, global esports wagering brand created by two technology firms, Puntaa and the GAMURS Group. Puntaa are the founders of the world’s first licenced peer-to-peer (P2P) social betting platform, while the GAMURS Group are the leading international esports media network.

The first product Skrilla has released is a skill-based Daily Fantasy eSports (DFS) platform which has just gone live in Australia. The platforms launch into the US and Europe is imminent. Our roadmap details a betting exchange, pool betting and head to head skill based competitions.

We created the Skrilla Token(SKR), to address issues inherent in existing centralised betting products. The benefits include; improved trust and transparency, enhanced liquidity through global player pools, reduced fees, and rewarding incentivised behaviours (participation, referrals, and social sharing) that grow the network effects for the benefit of all members.

For the purpose of the Skrilla DFS platform, players will be able to enter contests and receive winnings, using the token, as well as earn work tokens for actions that grow the ecosystem.

Further token utility will be made available within the broader GAMURS Group ecosystem, which has 3.5 million monthly active members and is growing rapidly, as well as additional esports partners.

Esports is a global market, experiencing meteoric growth. Skrilla is poised to continue riding that growth and is committed to bringing the gaming and esports community the best licensed decentralised betting and entertainment experience.

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Skrilla is licensed and regulated by the Northern Territory Government in respect of Australian resident customers and is an active member of the Esports Integrity Coalition (ESIC), recognised as the acting body for esports wagering integrity globally.